Book Publishing in Australia: Market Research Report

Book Publishing Market Research Report
| ANZSIC
J5413
|
Jul 2016

Off the books: The rise of foreign e-tailers is expected to reduce demand for Australian book publishers

IBISWorld’s Book Publishing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

The Book Publishing industry has contracted over the past five years. Industry revenue is forecast to decline at an annualised 2.2% over the five years through 2016-17, to $1.5 billion. The way consumers read and purchase books has changed significantly over this period. Consumers are increasingly buying print books and e-books online, rather than shopping at local bookstores. E-books can be read using e-readers or tablets. Because many books can be stored on one device, e-books offer customers greater convenience. Parallel import restrictions (PIRs) protect the local publishing industry. These restrictions prevent the large-scale importation of books that have been published domestically within 30 days of their international release... purchase to read more

Industry Report - Industry Investment Chapter

The Book Publishing industry has a moderate level of capital intensity. For every dollar spent on capital, an estimated $3.46 is spent on wages. Wages and depreciation both make up relatively low shares of industry revenue, as paper purchases and printing expenses dominate the industry's cost structure. Wage expenses are incurred by the labour-intensive processes of developing book portfolios, seeking out and promoting authors, and editing and distributing books. Capital investment primarily involves purchasing printing equipment, although many publishers outsource printing to specialised companies.

Capital investment can also be reduced, as most large-scale companies within the industry are headquartered overseas... purchase to read more

What is the
Book Publishing
Industry?

Industry firms are mainly engaged in publishing books, including atlases, textbooks, travel guides and e-books. Firms that publish books exclusively on the internet are excluded from the industry.